Digital Economy, Sustainability and International Economic Law

Author(s): Kailun Zheng * .

DOI: 10.2174/9789815124064123030004

A Legal Analysis of the Photovoltaic Subsidy Under The WTO Trade Regime

Pp: 1-21 (21)

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* (Excluding Mailing and Handling)

  • * (Excluding Mailing and Handling)

Abstract

SHS investigation development is considered from the geographical and historical viewpoint. 3 stages are described. Within Stage 1 the work was carried out in the Department of the Institute of Chemical Physics in Chernogolovka where the scientific discovery had been made. At Stage 2 the interest to SHS arose in different cities and towns of the former USSR. Within Stage 3 SHS entered the international scene. Now SHS processes and products are being studied in more than 50 countries.

Abstract

The pursuit of greenhouse gas reduction objectives by major economies has led them to increase their share of renewable energy. Energy subsidies are crucial but are fraught with controversy under WTO law. For renewables such as photovoltaics, the focus on production subsidies makes them an easier target of WTO cases. The photovoltaic industry requires technological innovation, which is rarely addressed in WTO law. Therefore, there is a need to reform the relevant rules to support the development of renewable energy.

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